Is Patriot National Stock a Good Investment?
Patriot National Investment Advice | PNBK |
- Examine Patriot National's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Patriot National's leadership team and their track record. Good management can help Patriot National navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Patriot National's business and its evolving consumer preferences.
- Compare Patriot National's performance and market position to its competitors. Analyze how Patriot National is positioned in terms of product offerings, innovation, and market share.
- Check if Patriot National pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Patriot National's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Patriot National Bancorp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Patriot National Bancorp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Patriot National Stock
Researching Patriot National's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 56.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Patriot National Bancorp recorded a loss per share of 7.4. The entity last dividend was issued on the 6th of December 2019. The firm had 1:10 split on the 4th of March 2015.
To determine if Patriot National is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Patriot National's research are outlined below:
| Patriot National had very high historical volatility over the last 90 days | |
| Patriot National may become a speculative penny stock | |
| Patriot National has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 27.08 M. Net Loss for the year was (4.18 M) with profit before overhead, payroll, taxes, and interest of 34.98 M. | |
| Patriot National Bancorp currently holds about 37.62 M in cash with (10.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.51, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Patriot National has a frail financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Old National Bancorp Has Announced A Dividend Of 0.14 |
Patriot National Quarterly Liabilities And Stockholders Equity |
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Patriot National uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Patriot National Bancorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Patriot National's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Patriot National's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Patriot National's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-05-04 | 2018-03-31 | 0.33 | 0.37 | 0.04 | 12 | ||
2018-02-02 | 2017-12-31 | 0.33 | 0.27 | -0.06 | 18 | ||
2020-03-24 | 2019-12-31 | 0.23 | 0.08 | -0.15 | 65 | ||
2019-11-13 | 2019-09-30 | 0.18 | 0.01 | -0.17 | 94 | ||
2019-02-26 | 2018-12-31 | 0.3 | 0.1 | -0.2 | 66 | ||
2019-05-15 | 2019-03-31 | 0.33 | 0.1 | -0.23 | 69 | ||
2020-12-01 | 2020-09-30 | 0.25 | -0.02 | -0.27 | 108 | ||
2020-04-29 | 2020-03-31 | 0.25 | -0.27 | -0.52 | 208 |
Know Patriot National's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Patriot National is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patriot National Bancorp backward and forwards among themselves. Patriot National's institutional investor refers to the entity that pools money to purchase Patriot National's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-06-30 | 3.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3 K | Blackrock Inc | 2024-06-30 | 2.8 K | Bank Of America Corp | 2024-06-30 | 264 | Wells Fargo & Co | 2024-06-30 | 185 | Royal Bank Of Canada | 2024-06-30 | 44.0 | Ubs Group Ag | 2024-06-30 | 35.0 | Dimensional Fund Advisors, Inc. | 2024-06-30 | 0.0 | Cornerstone Planning Group Llc | 2024-09-30 | 0.0 | Alliancebernstein L.p. | 2024-06-30 | 389 K | Cnh Partners, Llc | 2024-06-30 | 174.4 K |
Patriot National's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.4 M.Market Cap |
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Patriot National's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.09) | (0.09) |
Determining Patriot National's profitability involves analyzing its financial statements and using various financial metrics to determine if Patriot National is a good buy. For example, gross profit margin measures Patriot National's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Patriot National's profitability and make more informed investment decisions.
Evaluate Patriot National's management efficiency
The value of Return On Tangible Assets is estimated to slide to -0.004. Return On Capital Employed is expected to rise to -0.0037 this year. At this time, Patriot National's Non Current Liabilities Total is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 5.4 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 622.4 M. Patriot National's management efficiency ratios could be used to measure how well Patriot National manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.19 | 10.63 | |
| Tangible Book Value Per Share | 11.14 | 10.58 | |
| Enterprise Value Over EBITDA | (38.27) | (36.35) | |
| Price Book Value Ratio | 0.34 | 0.33 | |
| Enterprise Value Multiple | (38.27) | (36.35) | |
| Price Fair Value | 0.34 | 0.33 | |
| Enterprise Value | 163.8 M | 172 M |
Patriot National's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Beta 0.302 |
Basic technical analysis of Patriot Stock
As of the 27th of November, Patriot National holds the Semi Deviation of 5.13, coefficient of variation of 1984.85, and Risk Adjusted Performance of 0.0473. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Patriot National, as well as the relationship between them.Patriot National's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patriot National insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patriot National's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Patriot National insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Van Den Bol Emile few days ago Acquisition by Van Den Bol Emile of 3121 shares of Patriot National subject to Rule 16b-3 | ||
Pnbk Sponsor Llc over two months ago Acquisition by Pnbk Sponsor Llc of 325000 shares of Patriot National subject to Rule 16b-3 | ||
Frederick Staudmyer over six months ago Disposition of 100 shares by Frederick Staudmyer of Patriot National at 2155.0 subject to Rule 16b-3 | ||
Steven Grunblatt over six months ago Acquisition by Steven Grunblatt of 2243 shares of Patriot National subject to Rule 16b-3 | ||
Michael Weinbaum over a year ago Acquisition or disposition of Patriot National securities by Michael Weinbaum | ||
Van Den Bol Emile over a year ago Acquisition by Van Den Bol Emile of 1587 shares of Patriot National subject to Rule 16b-3 | ||
Michael Weinbaum over a year ago Acquisition by Michael Weinbaum of 832 shares of Patriot National subject to Rule 16b-3 |
Patriot National's Outstanding Corporate Bonds
Patriot National issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Patriot National Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Patriot bonds can be classified according to their maturity, which is the date when Patriot National Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Patriot National's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Patriot National's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0473 | |||
| Market Risk Adjusted Performance | 0.1761 | |||
| Mean Deviation | 4.57 | |||
| Semi Deviation | 5.13 | |||
| Downside Deviation | 5.39 | |||
| Coefficient Of Variation | 1984.85 | |||
| Standard Deviation | 6.36 | |||
| Variance | 40.5 | |||
| Information Ratio | 0.0302 | |||
| Jensen Alpha | 0.0888 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.1661 | |||
| Maximum Drawdown | 36.09 | |||
| Value At Risk | (8.19) | |||
| Potential Upside | 10.06 | |||
| Downside Variance | 29.02 | |||
| Semi Variance | 26.27 | |||
| Expected Short fall | (5.52) | |||
| Skewness | 0.9079 | |||
| Kurtosis | 2.71 |
| Risk Adjusted Performance | 0.0473 | |||
| Market Risk Adjusted Performance | 0.1761 | |||
| Mean Deviation | 4.57 | |||
| Semi Deviation | 5.13 | |||
| Downside Deviation | 5.39 | |||
| Coefficient Of Variation | 1984.85 | |||
| Standard Deviation | 6.36 | |||
| Variance | 40.5 | |||
| Information Ratio | 0.0302 | |||
| Jensen Alpha | 0.0888 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.1661 | |||
| Maximum Drawdown | 36.09 | |||
| Value At Risk | (8.19) | |||
| Potential Upside | 10.06 | |||
| Downside Variance | 29.02 | |||
| Semi Variance | 26.27 | |||
| Expected Short fall | (5.52) | |||
| Skewness | 0.9079 | |||
| Kurtosis | 2.71 |
Consider Patriot National's intraday indicators
Patriot National intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Patriot National stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1167.2 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.88 | |||
| Day Typical Price | 1.86 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.04) |
Patriot Stock media impact
Far too much social signal, news, headlines, and media speculation about Patriot National that are available to investors today. That information is available publicly through Patriot media outlets and privately through word of mouth or via Patriot internal channels. However, regardless of the origin, that massive amount of Patriot data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Patriot National news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Patriot National relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Patriot National's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Patriot National alpha.
Patriot National Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Patriot National can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Patriot National Corporate Management
| Frederick Staudmyer | Chief Admin. Officer and Executive VP | Profile | |
| Alfred Botta | National Bank | Profile | |
| Al Botta | Ex Officer | Profile | |
| Steven Grunblatt | Ex Officer | Profile | |
| Thomas Slater | Ex Officer | Profile | |
| Robert Russell | CEO Pres | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patriot National. If investors know Patriot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patriot National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share (7.40) | Revenue Per Share 6.099 | Quarterly Revenue Growth (0.45) | Return On Assets (0.01) |
The market value of Patriot National Bancorp is measured differently than its book value, which is the value of Patriot that is recorded on the company's balance sheet. Investors also form their own opinion of Patriot National's value that differs from its market value or its book value, called intrinsic value, which is Patriot National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patriot National's market value can be influenced by many factors that don't directly affect Patriot National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Patriot National's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Patriot National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patriot National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.